Market Intelligence

A Seminal Story of Modern Banking In 1996, a group of investors led by a former vice president of Goldman Sachs & Co., Dennis Frank, recapitalized a tiny, ailing industrial loan company based in La Mesa, California, a suburb of San Diego. Twenty-six years later, Silvergate Capital Corp. is one of the highest flying publicly traded banks in the United States. Since going public in 2019, its shares have returned 918%. A performance like this raises eyebrows in an industry where fast growth often translates into future credit losses. Yet, Silvergate may avoid this fate. To understand why, it helps…

You have accessed a resource that is only available to our Bank Services members and Subscribers.

From how-to articles, director training videos, key interviews with industry leaders and more, Bank Services provides bank executives and directors with the tools to help grow their financial institutions. To sign up for exclusive access to this online bank board resource, please contact Bank Services at 615-777-8461 or [email protected].

Read The Article

Please enter your username and password below. If you have established a password please click ‘forgot your password’


John Maxfield


John Maxfield is a freelance writer for Bank Director magazine. He was previously the senior banking specialist at The Motley Fool. He regularly writes for Bank Director magazine and BankDirector.com. His work has been syndicated widely to national publications including USA Today, Time and Business Insider, and he’s been a regular guest on CNBC. John has a bachelor’s degree in economics from Lewis & Clark College and a juris doctorate from Southern Methodist University. He’s a licensed attorney in the State of Oregon.

Join OUr Community

Bank Director’s annual Bank Services Membership Program combines Bank Director’s extensive online library of director training materials, conferences, our quarterly publication, and access to FinXTech Connect.

Become a Member

Our commitment to those leaders who believe a strong board makes a strong bank never wavers.